Cairo – Egyptian Resorts Company reported consolidated net losses of EGP 84.85 million during the first nine months (9M) of 2022, a surge from EGP 4.33 million in the corresponding period in 2021.

Loss per share stood at EGP 0.06 in the nine-month period ended 30 September 2022, according to a bourse statement.

Revenues for 9M-22 reached EGP 89.25 million, compared to EGP 97.09 million in 9M-21.

As for the standalone businesses, the company shifted to net profits of EGP 528.38 million in the January-September 2022 period, against net losses of EGP 17.75 million in the prior-year period.

In the first half (H1) of 2022, the net losses of Egyptian Resorts Company enlarged to EGP 93.26 million, compared to EGP 13.56 million in H1 of 2021.

All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (